You’ll know instantly if you’ve been approved, for how much, and what the fees are.

Apply Now

Unexpected expenses can burden a salaried professional anytime and if you do not want to avoid the embarrassing situation of asking your friends or family for monetary help, all you need to do is apply for a payday loan. Today, an increasing number of people are turning to this facility of cash advances to tide over a short-term liquidity crisis. Cash advances are essentially short-term loans between $50 and $500 and come with a high rate of interest due to which they are also referred to as costly cash. Nonetheless, there are a number of benefits associated with cash advances, which outweigh this downside and make them an ideal lending option to meet financial emergencies between paydays. The foremost advantage of cash advances is that they help in taking care of emergency expenses without any delay as the application process for these loans is very simple and the processing time is minimal. You can apply for cash advances via phone or mail and if you meet the prerequisites for this type of loan, you can get the loan amount deposited in your account within 24 hour of sending the application.

Secondly, cash advances do not call for a credit check. This particular feature makes even those borrowers who have a less than stellar payment history eligible to get this loan.

The only prerequisite that a potential borrowed is required to fulfill to get cash advances is that he or she needs to be above 18 years of age, have a steady job and a checking account.

Yet another advantage of cash advances is that despite the high rate of interest that these come with, responsible borrowers who repay the loan on time and do not
delay in clearing the lender’s fee can easily afford these. Furthermore, since cash advances do not involve any up-front costs, these are best suited for people facing a temporary liquidity crisis until their next paycheck.

As long as the loan amount is spent wisely, there is no risk of falling in a debt trap. Finally, cash advances ensure a discreet transaction between the borrower and the lender and no one else comes to know about the arrangement as there is no need to submit any documents for this loan and the who procedure can be easily completed online.